In India, there are three major telecom companies and all three have increased their recharge plans by up to 25%.
After Airtel and Jio's actions, Vodafone-Idea is poised to unveil comparable adjustments to its tariff plans soon
The new prepaid plan comes with 2 GB per day data, 100 daily SMS, unlimited calls and 90 days validity.
Airtel has 180 million-plus customers across its digital assets
The finance secretary also downplayed concerns about the taper tantrum or the impact of the withdrawal of excess liquidity in developed markets.
According to analysts, the four year moratorium will allow Vi to postpone a cumulative payment of almost Rs 1 lakh crore
Bharti Airtel and Vodafone Idea during the last few weeks have increased tariffs in certain limited segments.
The plans are offered with a validity of 28 days, 56 days, 84 days and 365 days, and are priced at Rs 499, Rs 666, Rs 888 and Rs 2,599, respectively.
Bharti Airtel's board on Sunday approved raising up to Rs 21,000 crore by way of rights issue at a price of Rs 535 per share
Reliance Jio and Bharti Airtel added 54.6 lakh and 38.1 lakh customers due to the setback faced by Vodafone Idea Ltd